Lenders fuel higher consumer spending in India with easy credit

November 01, 2021 4:56 PM

MUMBAI (BLOOMBERG) – Some of India’s top lenders and shadow finance companies are helping fuel demand among consumers wanting to splurge on everything from clothes to two-wheelers and homes, offering hopes of a consumption-driven recovery in Asia’s third-largest economy.

Source : http://www.straitstimes.com/business/companies-markets/lenders-fuel-higher-consumer-spending-in-india-with-easy-credit